Oando Energy Resources Inc. (OER) intends to complete an arms-length non-brokered private placement for proceeds of $50 million.  In addition, in connection with the offering, OER intends to acquire a 5% interest in OML 131 in exchange for units of the company. OER’s offering is expected to consist of 35,070,063 common shares of OER and 17,535,031 […]

Release Euronews to launch Africanews, 1st Pan-African multilingual news channel, in Congo Brazzaville Euronews will bring to Africa its unique know-how as a multi-lingual and multi-cultural news channel, broadcasting around the clock LYON, France, January 27, 2014/ — In 18 months time, Euronews (http://www.euronews.com) will have a sister channel in Africa. In partnership with the […]

Simba Energy signed an exclusive Letter of Intent (LoI) to farm out its PSC for Blocks 1 and 2 onshore Guinea with an unnamed private investor group out of Canada. The investor group can earn up to a 45% interest in Simba’s Guinea PSC with a total investment of $6,500,000. The investor group includes some […]